• bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home AFRICA

Transactional service Chainlink Keepers goes live on the Polygon network

CB4U by CB4U
January 3, 2022
in AFRICA
0
Transactional service Chainlink Keepers goes live on the Polygon network
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Chainlink Keepers, a decentralized transaction automation service powered by Chainlink’s vast node network, is now live on Polygon.

Automating dApp services

The integration will enable transaction automation services for smart contracts, allowing decentralized apps (dApps) to operate without the need for manual intervention or centralized infrastructure.

One critical yet overlooked aspect of dapp development is transaction automation services for smart contracts.

For example, money markets need undercollateralized loans to be continually marked for liquidation, yield aggregators need yield to be harvested at regular time intervals, and DEXes need limit orders to be triggered when prices cross certain thresholds. None of these processes can run in an automated manner directly on-chain but require off-chain infrastructure.

Instead of these DevOps tasks being performed manually or through a centralized process,  Chainlink Keepers introduces smart contract automation services in a trust-minimized, low-cost, and fully verifiable manner.

Chainlink leverages a decentralized and transparent pool of Keepers to help provide strong guarantees around secure contract automation, saving teams time and mitigating the risks around manual interventions or centralized servers.

“The integration of Chainlink Keepers is a pivotal moment for the Polygon ecosystem as it simplifies both the developer and user experience and brings advanced utility to dapps. Developers can now save considerable time and money by outsourcing DevOps tasks to the most proven and reliable network of keepers while users benefit from more utility and automated features that no longer require their manual input,” explained Sandeep Nailwal, Co-Founder of Polygon, in a statement.

How Chainlink Keepers help

Smart contract developers building on Polygon can now outsource their DevOps tasks to Chainlink Keepers, serving as highly reliable and trust-minimized automation bots that perform regular smart contract maintenance tasks on their behalf.

Powered by the same Chainlink node operators that currently secure tens of billions of dollars across other Chainlink services, Chainlink Keepers provides high uptime with an established on-chain performance history of providing high reliability to Chainlink Price Feeds during extreme network congestion and market volatility.

Chainlink Keepers also leverages gas-optimizing features that lower the costs of automating maintenance tasks for users, including a rotating node selection process to prevent gas price auction wars and stabilize costs.

The end result is Polygon developers being able to increase the uptime guarantees of their smart contract operations, save on development costs, shorten go-to-market time, add advanced utility to existing dApps, and simplify the user experience.

Quadency

CryptoSlate Newsletter

Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.

Get an edge on the cryptoasset market

Access more crypto insights and context in every article as a paid member of CryptoSlate Edge.

On-chain analysis

Price snapshots

More context

Join now for $19/month Explore all benefits

Advertisement Banner
Previous Post

Synthetix DeFies odds, surges 30% despite Ethereum drop from year-to-date highs

Next Post

Speculation mounts over Polygon’s major announcement at the up and coming zk Summit

CB4U

CB4U

Next Post
Speculation mounts over Polygon’s major announcement at the up and coming zk Summit

Speculation mounts over Polygon's major announcement at the up and coming zk Summit

Discussion about this post

RECOMMENDED

Crypto Signals – daily crypto market analysis (Hindi/Urdu)

Crypto Signals – daily crypto market analysis (Hindi/Urdu)

6 months ago
TERRA LUNA | TERRA 2.0 CONFIRMED 🚨 BREAKING NEWS 🚨 AIRDROP INCOMING! GET READY!

TERRA LUNA | TERRA 2.0 CONFIRMED 🚨 BREAKING NEWS 🚨 AIRDROP INCOMING! GET READY!

8 months ago

DON'T MISS

Will ETH Keep Outperforming Bitcoin?

Crypto Market Crash Live Updates: XRP Price Slides By 5%, Bitcoin Down by 4%

January 31, 2023
Why DeFi is Future of Finance (Biggest Crypto Opportunity) | Aurox Founder

Why DeFi is Future of Finance (Biggest Crypto Opportunity) | Aurox Founder

January 31, 2023
Alameda Research website goes private following FTX collapse

Alameda Research sues Voyager for $446M to recover loan repayments

January 31, 2023
Sorare Partners With The Premier League For a Fantasy Football Game

Sorare Partners With The Premier League For a Fantasy Football Game

January 31, 2023
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

Will ETH Keep Outperforming Bitcoin?

Crypto Market Crash Live Updates: XRP Price Slides By 5%, Bitcoin Down by 4%

January 31, 2023
Why DeFi is Future of Finance (Biggest Crypto Opportunity) | Aurox Founder

Why DeFi is Future of Finance (Biggest Crypto Opportunity) | Aurox Founder

January 31, 2023
Alameda Research website goes private following FTX collapse

Alameda Research sues Voyager for $446M to recover loan repayments

January 31, 2023

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
en English
en Englishja Japaneseko Koreantl Filipinovi Vietnamesehi Hindibn Bengalita Tamilzu Zulusw Swahilide Germanfr Frenches Spanishpt Portugueseru Russian